Danish Power Ltd IPO |
Registered Office:
DTA-02-07-08 DTA Phase II PO,Mahinda World City (Jaipur)
,
Jaipur
-
302037
,
Rajasthan
, India.
Phone :
+91 90018 29230 Fax:
Email : cs@danish.co.in
Website : www.danish.co.in
|
| Initial public offer of 52,08,000 equity shares of face value of (Rs)10/- each (the "Equity Shares") of Danish Power Limited ("The Company" or "The Issuer") at an issue price of (Rs)380 per equity share (including share premium of (Rs)370 per equity share) for cash, aggregating up to (Rs)197.90 crores ("Public Issue") out of which 260,700 equity shares of face value of (Rs)10 each, at an issue price of (Rs)380 per equity share for cash, aggregating (Rs)9.91 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion") and upto 64,500 equity shares aggregating up to (Rs)2.45 crores for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 48,82,800 equity shares of face value of (Rs)10 each, at an issue price of (Rs)380 per equity share for cash, aggregating upto (Rs)185.55 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.45% and 24.80% respectively of the post-issue paid-up equity share capital of the company.
*Subject to finalization of basis of allotment.
The face value of the equity shares is (Rs)10/- each. The issue price is 38 times with the face value of the equity shares.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 22-Oct-24 |
24-Oct-24 |
(Rs)380.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :300 Further Multiples of :300 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
180.38 |
|
| Project Financed through Current Offer |
197.90 |
|
| Post Issue Equity Share Capital |
19.69 |
|
| Issue Price |
(Rs)380.00 |
|
|